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Composites Market Insights, March 29, 2021 |
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Copyright Lucintel, Dallas, TX, USA Tel.: +1-972-636-5056 |
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Click the Headlines below for more detail on the news article. News articles are divided into sections such as “Business Development”, “New Material”, “Application Development”, “Technology Development”, Financial”, “Events”, and “People” |
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Business Development |
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Partnership between Hexcel and ASCEND Project to Accelerate Development of Lightweight Advanced Composites |
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Hexcel announces its role within the recently launched UK-based project called ASCEND (Aerospace and Automotive Supply Chain Enabled Development) that will focus on developing high-rate manufacturing and processing technologies that will accelerate the development of new, lightweight advanced composite materials. Hexcel will join lead partner GKN Aerospace and 13 other project stakeholders in collaboration across the UK supply chain to develop the technologies and automation equipment required ……. |
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GKN Aerospace Signs Contract for BOEING 777X Wiring |
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GKN Aerospace has been awarded a new contract to supply electrical wiring interconnection systems (EWIS) for the Boeing 777X family of aircraft. The agreement adds to GKN Aerospace’s extensive portfolio of Boeing EWIS products, with production due to start in 2024. The contract will be delivered from multiple locations across GKN Aerospace’s extensive global footprint, including Langfang in China, and its new state-of-the-art wiring facility in Pune, India. GKN Aerospace has supplied EWIS f ……. |
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Lilium Announces Intention to List on NASDAQ through A Merger with Qell Acquisition Corp., and Reveals Development of Its 7-Seater Electric Vertical Take-Off and Landing Jet |
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Lilium GmbH, positioned to be the global leader in regional electric air mobility, with the development of its electric vertical take-off and landing jet, has entered into a definitive business combination agreement with Quell Acquisition Corp. a publicly listed special purpose acquisition company (Nasdaq: QELL). Qell, led by Barry Engle, a former president of General Motors North America, is focused on developing next-generation, sustainable mobility. Upon closing of the transaction, the compan ……. |
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Aramco and American Concrete Institute Announce New Center of Excellence for Nonmetallics in Building and Construction |
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Aramco and the American Concrete Institute (ACI) announce the launch of NEx: A Center of Excellence for Nonmetallic Building Materials to develop and promote the use of nonmetallic materials in the construction sector. Based at ACI World Headquarters in Farmington Hills, Michigan, USA, NEx will focus on accelerating the use of nonmetallic materials and products in construction, leveraging ACI’s role as a world-leading authority and resource for the development, dissemination and adoption of con ……. |
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RPM Acquires Raised Flooring Systems Manufacturer |
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RPM International Inc. announced that its Fibergrate Composite Structures Inc. business has acquired Bison Innovative Products, a leading manufacturer of raised flooring systems. Headquartered in Denver, Colorado, Bison has annual net sales of approximately $26 million. Terms of the transaction, which is expected to grow the earnings within one year, were not disclosed. Bison’s flooring systems consist of adjustable polypropylene pedestals that support tiles with architectural finishes such as ……. |
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New Material |
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FCI-Marbocote Launches Anti-Corrosion Coating Suitable for Contact with Drinking Water |
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FCI-Marbocote, a Brazilan company specialized in the manufacture of mold release agents and anti-corrosion products, has launched its own coating for tanks that store drinking water. Ycon CS Acqua, the product was developed at the request of Vantare, a manufacturer of modular composite tanks. Renato Ferrara, technical manager of FCI-Marbocote, explains that Ycon CS Acqua has the Innocuity Report, as required by Consolidation Ordinance No. 5, from the Brazilian Ministry of Health. “The tests wer ……. |
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Arlon EMD Introduces 84HP Prepreg to Compliment the 85HP Laminate System |
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Arlon Electronic Materials introduces 84HP high-performance 250⁰C Tg temperature polyimide resin prepreg. Arlon developed 84HP as a prepreg bonding companion to Arlon’s 85HP filled pure polyimide resin laminate system. 84HP is designed for use in filling etched areas in polyimide multilayers that contain thick copper metal cores. A proprietary filler is dispersed within the 84HP and 85HP polyimide resin which serves to reduce shrinkage and inhibit crack formation during lamination and throu ……. |
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Halogen-Free FR Polyamides Yield Parts With Superior Surface Finish and Excellent Property Retention upon Aging |
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Three halogen-free FR glass-reinforced polyamide compounds with UL94 ratings of V0 provide high flow for injection molding, superior surface finish, and improved property retention in comparison with standard glass-filled FR polyamide 66. Creamid grades A3H7G3, C3H2G4, and C3H2G6 from Teknor Apex Company are polyamide 66-based compounds with glass loadings of 15%, 20%, and 30%, respectively. Their non-halogen flame retardant formulations make possible compliance with European RoHS and WEEE di ……. |
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GKN Aerospace to Develop More Sustainable Composite Material |
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GKN Aerospace is leading a new UK industry consortium and focusing to develop more sustainable composite material for the UK aerospace and automotive industries. During a three-year period, the £39.6 million Aerospace and Automotive Supply Chain Enabled Development (ASCEND) consortium, funded by government and industry, will aim to increase the adoption of composite technologies, the industrialization of new technologies, and aerospace production rates to meet future high-volume requirements. P ……. |
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Application Development |
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Mikrosam and Composite Automation Outfit NIAR ATLAS with the Latest Composite Prepreg Slitting And Rewinding Unit for Advancing Aviation Industry Research |
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Mikrosam has completed the installation of its latest custom-made prepreg tape slitting and tow-rewinding machine at the National Institute for Aviation Research (NIAR) at Wichita State University. NIAR selected Composite Automation and Mikrosam to deliver a single-step slitting unit to facilitate its need to perform research on variety of composite prepregs in the Advanced Technologies Laboratory for Aerospace Systems (ATLAS). ATLAS is a multi-disciplinary manufacturing environment aimed a ……. |
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Novatec Showcase Latest Innovations |
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Taiwan Excellence has announced six Taiwan Excellence Award winners from the cycling industry, who will showcase their most innovative products on 25 March through Taiwan Excellence’s Youtube Channel. The event will be jointly organised by TAITRA, Taiwan’s leading trade promotion organization, and Taiwan’s Bureau of Foreign Trade, Ministry of Economic Affairs. Novatec, one of the top 5 bicycle hub suppliers in the world, presented their G24 – Carbon Fiber Wheelset for gravel bikes, the first ev ……. |
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Technology Development |
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Solico Launches Amphora Engineering and Design Software for Composite Silos and Tanks |
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Solico, a leading composite engineering specialist for the Maritime, Architectural, Defence, and Industrial sectors announces the launch of its Amphora software for the design, calculation and optimization of composite storage tanks and silos. Composite materials are extensively used in the industrial and agricultural sectors to produce large, lightweight, corrosion resistant, easy to install, and low maintenance silos and tanks for stored powders and liquids. With a large portfolio of ……. |
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Financial |
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CompPair closes a seed round of 950 kCHF |
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CompPair Technologies Ltd. announced to close a seed round of 950 kCHF. This investment will allow the company to recruit new talents, secure market penetration, push the communication and create a second product family. CompPair successfully closed a Seed Round of 950 kCHF with an additional opportunity for gobble up. The round was led by the StartAngels Network and Christian Fischer, CEO and cofounder of Bcomp, a sustainability pioneer in the composites industry, along with precious contrib ……. |
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Events |
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Webinar: The Role of Industry, Academia, and Government in Driving Composites Innovation |
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Hexcel is organizing a webinar on April 6, 2021 8:30 PM onwards. Join Hexcel’s Bob Yancey for this One-to-One interview with Dr. Brent Strong, UAMMI Chief Technology Officer, as they discuss the role of industry, academia and government in driving composites innovation. ……. |
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People |
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MVP Appoints Tobi Ferguson as President and CEO |
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Effective April 1, 2021, allnex is globally raising prices of all its phenolic resins, following continued significant increases in raw material and logistics prices. Depending on the grade and product family, prices will be increased up to 15%. Deviations might be possible on a case-by-case basis. The increase will be applicable on all shipments as of April 1, 2021, or as contracts allow. For identifying growth opportunities in the Phenolic Resin Market Report: Trends, Forecast an ……. |
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New Reports in Composites Market Published By Lucintel |
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- Pultrusion Market Report: Trends, Forecast and Competitive Analysis, February 2021
- Prepreg Market Report: Trends, Forecast and Competitive Analysis, January 2021
- Composites Distributor Market Report: Trends, Forecast and Competitive Analysis, January 2021
- MENA Composites Market Report: Trends, Forecast and Competitive Analysis, October 2020
- FRP Panel Market Report: Trends, Forecast and Competitive Analysis, May 2020
- Technology Landscape, Trends and Opportunities in 3D Printing Material Market, March 2020
- High Performance Nylon for Tribology Market Report: Trends, Forecast and Competitive Analysis, March 2020
- European Automotive Composites Market Report: Trends, Forecast and Competitive Analysis, March 2020
- Carbon Fiber Market Report: Trends, Forecast and Competitive Analysis, February 2020
- Composites Materials in Tooling Market Report: Trends, Forecast and Competitive Analysis, January 2020
- Composites Market Report: Trends, Forecast and Competitive Analysis, January 2020
- Flame Retardant Resin in E&E Composites Market Report: Trends, Forecast and Competitive Analysis, January 2020
- Carbon Fiber in the Aerospace and Defense Market Report: Trends, Forecast and Competitive Analysis, January 2020
- Glass Fiber Reinforced Plastic Market Report: Trends, Forecast and Competitive Analysis, November 2019
- BMI Prepreg Market Report: Trends, Forecast and Competitive Analysis, November 2019
- Para Aramid Fiber Market Report: Trends, Forecast and Competitive Analysis, November 2019
- Epoxy Curing Agents in the Composites Industry Report: Trends, Forecast and Competitive Analysis, October 2019
- 3D Printing Materials Market Report: Trends, Forecast and Competitive Analysis, October 2019
- PET Foam Core Market Report: Trends, Forecast and Competitive Analysis, September 2019
- Thermoplastic Prepreg in the Transportation Market Report: Trends, Forecast and Competitive Analysis, September 2019
- Polyurethane Resin Composite Market Report: Trends, Forecast and Competitive Analysis, September 2019
- Gelcoat Market Report: Trends, Forecast and Competitive Analysis, September 2019
- Fiber Sizing Market Report: Trends, Forecast and Competitive Analysis, September 2019
- Long Fiber Thermoplastics Market Report: Trends, Forecast and Competitive Analysis, August 2019
- FRP Pole Market Report: Trends, Forecast and Competitive Analysis, August 2019
- Composite Testing Market Report: Trends, Forecast and Competitive Analysis, August 2019
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